Good mission turned into highly toxic work environment - Anonymous employee Altruist (CA) Employee Review

1.0
Aug 1, 2023
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Promising product, okay benefits, okay salary

Cons

Announcement of RTO coming out of nowhere. At least 50% of all employees are not even located in CA. Most have families, young kids or own property that they're expected to sell and relocate to LA. Zero empathy from upper management when this issue was addressed. I got told that I can be lucky to even have a job given the current economy. HR Team is proud that they stayed "under budget" for this review cycle while a lot of people didn't even get cost of living adjustments or any other raise, even if all OKRs have been hit (and exceeded) by miles. Lots of praise from middle management and also exec team during All Hands, but no rewarding actions whatsoever, we're just expected to "keep on grinding". Lack of structure and no interest in people's career development. Good work will not get rewarded.

Explore other reviews about Altruist (CA)

5.0
Jan 14, 2026
Recommend
CEO approval
Business Outlook

Pros

Great vision to transform wealth management. Challenging yet fun problems to solve. Kind and ambitious coworkers. Great perks and offices.

Cons

High intensity, fast paced work environment but it's worth it.

4
1.0
Jul 11, 2026
Recommend
CEO approval
Business Outlook

Pros

Pay is higher then most in the area, but you have the workload of 3x

Cons

Hostile leadership environment, high turnover, high pressure , really unsupportive environment . Many quit In their first couple months

3
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